iShares MSCI Taiwan ETF (NYSEARCA:EWT) Stake Lessened by M&T Bank Corp

M&T Bank Corp trimmed its holdings in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 45.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,887 shares of the exchange traded fund’s stock after selling 4,074 shares during the period. M&T Bank Corp’s holdings in iShares MSCI Taiwan ETF were worth $232,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EWT. Jordan Park Group LLC lifted its position in iShares MSCI Taiwan ETF by 154.8% during the 1st quarter. Jordan Park Group LLC now owns 574,025 shares of the exchange traded fund’s stock worth $27,255,000 after acquiring an additional 348,734 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares MSCI Taiwan ETF by 2.6% during the first quarter. Bank of New York Mellon Corp now owns 350,651 shares of the exchange traded fund’s stock valued at $16,649,000 after purchasing an additional 8,722 shares during the last quarter. Checchi Capital Advisers LLC grew its stake in shares of iShares MSCI Taiwan ETF by 23.8% during the first quarter. Checchi Capital Advisers LLC now owns 70,235 shares of the exchange traded fund’s stock valued at $3,335,000 after purchasing an additional 13,481 shares during the last quarter. WestEnd Advisors LLC boosted its stake in iShares MSCI Taiwan ETF by 175.6% in the first quarter. WestEnd Advisors LLC now owns 3,142 shares of the exchange traded fund’s stock valued at $149,000 after acquiring an additional 2,002 shares during the last quarter. Finally, Bessemer Group Inc. boosted its position in shares of iShares MSCI Taiwan ETF by 5.1% during the first quarter. Bessemer Group Inc. now owns 7,691 shares of the exchange traded fund’s stock worth $365,000 after purchasing an additional 374 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Down 0.4%

Shares of NYSEARCA:EWT opened at $59.24 on Friday. iShares MSCI Taiwan ETF has a 12 month low of $39.44 and a 12 month high of $59.62. The company’s fifty day simple moving average is $55.78 and its 200 day simple moving average is $51.90. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 17.58 and a beta of 0.86.

iShares MSCI Taiwan ETF Profile

Ishares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan IndexSM (the Index). The Index consists of stocks traded primarily on the Taiwan Stock Exchange.